On December 17, 2024, The Glimpse Group issued a year-end shareholder letter from its President & CEO, Lyron Bentovim, summarizing key developments for Calendar Year 2024. The letter emphasized 2024 as a transformational year for the company.
The CEO highlighted significant strides in the strategic transition to focus on providing enterprise-scale Spatial Computing, Cloud, and AI-driven Immersive middleware software and solutions, known as 'Spatial Core.' This strategic shift is primarily led by the subsidiary Brightline Interactive.
The letter also underscored significant Department of Defense (DoD) contracts secured during the year and the company's strong positioning toward future revenue growth and profitability. This communication reinforces the company's strategic direction and provides a positive outlook for investors.
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